Melvin, MI Multifamily properties for sale

Melvin Multi-Family Investment Opportunity

$244,900

1,885 SF

Melvin Multi-Family Investment Opportunity

1296 Main, Melvin, MI 48454

Unique multi-family property with commercial tenant and residential income.

Leased to USPS with a newly negotiated 5‑year lease and a 94‑year history as a tenant, providing stable and reliable income.
Two additional residential apartments provide further income potential.
Substantial recent improvements (over $40k) minimize immediate maintenance concerns.
Includes essential appliances (dryer, range, refrigerator, water softener) and attached garage.
Features a spacious backyard with storage shed and views of farm fields.

Updated: May 6

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Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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Four-Unit Multifamily Property on Main

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Four-Unit Multifamily Investment Property

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Four-Unit Multifamily Property on Main

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

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Recreational Land with Boat Slip

Low-maintenance seasonal living with trailer, addition, and boat slip.

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Residential Land in Riverdale

Vacant residential land suitable for building or mobile home placement.

TBD N Lumberjack Road, Riverdale, MI 48877

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Recreational Land in Gated Community

0.75-acre lot with hookups in White Birch Lakes Association.

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Residential Lot in Prudenville, MI

Partially wooded lot, perfect for a mobile home.

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Melvin, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 1 multifamily properties for sale in Melvin, MI on our real estate platform. These investment opportunities span a total of 1,885 square feet of properties for sale, with an estimated market value of $244,900.

Sale prices for multifamily properties in Melvin, MI start at $244,900, averaging $244,900, and reaching up to $244,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Melvin, MI Multifamily Properties for Sale

Melvin Multi-Family Investment Opportunity

Unique multi-family property with commercial tenant and residential income.